Orange County Bancorp (OBT) officer logs routine tax-withholding share transfer

Rhea-AI Filing Summary

Orange County Bancorp, Inc. officer reports routine tax withholding share disposition. Regional President Joseph A. Ruhl reported a Form 4 transaction where 459 shares of Common Stock were disposed of at $31.47 per share to satisfy tax obligations, not as an open-market sale.

Following this tax-withholding disposition, Ruhl directly holds 31,036 shares. His position includes restricted stock units that vest in thirds starting on March 11, 2024, March 21, 2025, and March 20, 2026, reflecting ongoing equity-based compensation.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ruhl Joseph A

Role Reg Pres, Westchester County

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	459	$31.47	$14K

Holdings After Transaction: Common Stock — 31,036 shares (Direct)

Footnotes (1)

1. Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 11, 2024. Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 21, 2025. Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 20, 2026.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ruhl Joseph A

(Last) (First) (Middle)

212 DOLSON AVENUE

(Street)

MIDDLETOWN NY 10940

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Orange County Bancorp, Inc. /DE/ [ OBT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Reg Pres, Westchester County

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/10/2026		F		459	D	$31.47	31,036(1)(2)(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 11, 2024.

2. Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 21, 2025.

3. Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 20, 2026.

	/s/ Jennifer Staub, pursuant to power of attorney	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did OBT officer Joseph A. Ruhl report?

Joseph A. Ruhl reported a tax-withholding disposition of 459 shares of Orange County Bancorp Common Stock at $31.47 per share. The shares were delivered to cover tax liabilities tied to equity compensation rather than sold in the open market.

How many OBT shares does Joseph A. Ruhl hold after this Form 4?

After the reported tax-withholding transaction, Joseph A. Ruhl directly holds 31,036 shares of Orange County Bancorp Common Stock. This total includes restricted stock units that vest over time according to schedules beginning in 2024, 2025, and 2026.

Was the OBT Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a code F tax-withholding disposition, not an open-market sale. The 459 shares were delivered to satisfy tax obligations associated with equity compensation rather than reflecting a discretionary market sale by the officer.

What does transaction code F mean in the OBT Form 4 filing?

Transaction code F in this Form 4 indicates payment of an exercise price or tax liability by delivering securities. For Orange County Bancorp, 459 shares were disposed of to cover taxes related to compensation, a routine administrative event for equity awards.

How do restricted stock units affect Joseph A. Ruhl’s OBT holdings?

Ruhl’s reported holdings include restricted stock units that vest one-third per year starting on March 11, 2024, March 21, 2025, and March 20, 2026. As these RSUs vest, they convert into shares, gradually increasing his directly held Orange County Bancorp stock.